Sterling pound tests its one month high

• U.K. retail sales shows waning appetite for linkers amid zero inflation
• European stocks extend weekly drop amid Greece as Syngenta falls
• Dollar rally evaporates as U.S. data undermine Rate-Rise Bets
• NZD edges higher after manufacturing data; Emerging Stocks gain further

Categories: Market Commentary.


Euro Shows Signs of Life.

• Sterling holds its own against the euro
• Euro shows signs of life
• Manufacturing data cools dollar enthusiasm

Categories: commodities.


Dollar Falls on Weaker Retail Sales Figures

Sterling gains over 1 cent on the dollar after US data
Euro looks vulnerable ahead of ECB’s monetary policy decision
Greenback slides against major rivals after U.S. retail sales miss estimates
China’s weak Q1 GDP growth provokes calls for stimulus

Categories: Market Commentary.


Attention Turns to UK Inflation Data.

• Sterling keeps head above water.
• Euro has turned so many corners it seems back at square one.
• Dollar the shining light.
• Oil strengthens on geo-political tensions.

Categories: commodities.


Pound hits 5-year low against the dollar.

• Sterling remains under pressure after disappointing data
• Euro under continued pressure as Greek farce continues
• Expectations of rate hike strengthen dollar
• Kiwi dollar tumbles after weak Chinese data

Categories: Market Commentary.


Pound Volatility Surges Before Election

U.K. Trade Deficit hits 7-month high as sales to U.S. slump
EUR/USD trades near 3-week lows; Europe Stocks climbs
Dollar pushes broadly higher as U.S. data supports
Aussie holds early gains as consumer prices in China edge up

Categories: Market Commentary.


Dollar firms on Fed minutes.

• Bank of England sees mortgage demand accelerating
• Euro declines on Greece concerns
• Fed minutes reveal divergence on first rate hike
• Rand gains in risk-on trade

Categories: Market Commentary.


UK Service Sector Powers Ahead.

UK Service Sector Powers Ahead.

• Sterling rises but political uncertainty abounds.
• Greece moves to quell default fears
• crude oil rallies

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Categories: commodities.


Greece’s pledge to meet IMF payment due date boosts euro.

• Pound at risk of decline given political uncertainty
• Greece moves to quell default fears
• Dollar edges higher
• Aussie dollar jumps as rates are held

Categories: Market Commentary.


US Currency Slides Against Majors

Sterling Rallies versus weakening dollar
European stocks pare decline as banks, commodity shares advance
Dollar sold off across boards, suffers from weak jobs data
Odds of rate cut by RBA remain high as Aussie dollar falls

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Categories: Market Commentary.